Oklahoma compliance for insurance agent / brokers
- Sales tax: 4.50% state rate. Generally exempts services. State 4.5%; combined commonly 8-10%.
- Late fees: Up to 1.5% per month under Okla. Stat. tit. 15, §266. Default 6%/yr; contract rates up to 10%/yr without supervised licensing.
Avg invoice
$1,850
Net terms
30 days
Deposit
0%
State
OK